Home Loan rates for buying 2 BHK Flat in Mulund

Home Loan rates for buying 2 BHK Flat in Mulund. Which are the banks from which borrowing would make better sense, as far as women home loan borrowers are concerned? We examine. Sunny Developers Mulund Mumbai

If you don't know, Mulund is a suburban locality of north-eastern Mumbai.

It is divided into two parts – Mulund west and Mulund east. Located between Thane and Navi Mumbai, Mulund enjoys a strategic location. For residing, Most people on internet search for 2 bhk flats in mulund.


A preferred residential destination, Mulund enjoys proximity to a number of developed areas of Mumbai. Mulund west enjoys the tag of ‘the prince of the suburbs’. Mulund west is linked to Sion via Lal Bahadur Shashtri (LBS) Marg. Mulund houses the business offices of some of the biggest companies, namely Johnson and Johnson, Wellcome (Glaxo), Hoechst, Richardson & Cruddas, Chicago Pneumatic, Oxygen, ACC, Merind and Agfa and Gabriel. On the other hand, there are some popular 2 bhk in mulund houses have both residential and commercial centres.


The locality is well-linked to various developed areas of the city and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways. The locality is witnessing an increase in population in recent years, owing to its proximity to various employment hubs and offices set up by some of the leading companies.


Connectivity with nearby Mulund localities



So, Lets get dive into the main topic:- Top 5 Upcoming Projects in Mulund West:-


1. Piramal Revanta.


Presenting the newest tower at Piramal Revanta-S-Class Homes, with a new generation of residences. S-Class Homes are a new generation of smart and classy residences pre-launched at Piramal Revanta, Mulund. Highlights of S-Class Homes.


About Piramal Revanta


Favourably located in Mulund West in Mumbai, Piramal Revanta is a meticulously planned project. This precisely planned Piramal Revanta project's prices are available in the range of Rs. 85. 0 Lac - 3. 80 Cr. Spanning across 12 Acre, the project is well-spaced out. The property comprises of 360 units which are enclosed within a peaceful environment providing luxurious flats for sale in mulund.


Piramal Revanta Address


Plan to visit Piramal Revanta in Mumbai? The full site address is Piramal Revanta, Behind Nirmal Lifestyle mall, Goregaon Mulund Link Road, Mulund West, 400080.


2. Oberoi Eternia


Oberoi Eternia located Mulund West, Mumbai has amazing luxury flats at 2 bhk mulund west available from Rs. 2.43 Cr - 3.50 Cr. Oberoi Enigma is beautifully developed by Oberoi Realty and this project is offering 3bhk and 4bhk apartments. With all the modern amenities and beautiful interior work, you will enjoy living in one of the best localities Mulund West in Mumbai. The magnificent project offers total apartments and you can choose this property for investment purposes. If you are searching for the details like Oberoi Enigma price, Oberoi Enigma floor plan, Oberoi Enigma layout, Oberoi Enigma photos, Oberoi Enigma locational map and much more at Thaneweb.


Project Details


2 bhk flat in mulund in Oberoi Enigma spread across its 4 huge towers. Oberoi Enigma by Oberoi Realty is a prestigious residential project located in Mulund West providing mulund west resale flats, Mumbai where you will find your living space have been designed with the latest design to ensure you live a lavish lifestyle. The project is perfect for those who are looking for flats that come with proper cross-ventilation and ample natural lights. In this project, you can choose to live a safe and secure with your family. The project features facilities and beautiful apartments that exactly turn your dreams into reality. The affordable housing in this project will make you feel complete.


Oberoi Eternia Address


Oberoi Eternia is one of the most sought after projects of city. It is located at Mulund West, Mumbai. , 400080.


3. Runwal Greens


Runwal Greens at Mulund West, Mumbai, offers high-end yet affordable 2 bhk at mulund west, options ranging between Rs. 1.70 Cr - 5.0 Cr. Luxury gets a new address at Runwal Greens by Runwal Group in Mulund West, Mumbai. Spread across 20 acres, this residential development boasts luxuriously designed 2BHK, 3BHK, 3.5BHK and 4BHK residential apartments offering panoramic vistas of the bay and the hills. 200 residential apartments set in 8 towers offer apartments in the configuration of 2BHK, 3BHK and 4BHK units.


About The Project


flats in mulund at Runwal Greens is one of the high-end projects situated amid acres of verdant greenery. The average rate based on per sq.ft. is between Rs.15000 and Rs.17000 per sq.ft. Hence, 2BHK units are being sold in the price range of around Rs. 1.70 Cr - 5.0 Cr, 3BHK will cost around 2.50crore and 4BHK residential apartment is priced at Rs. 1.70 Cr - 5.0 Cr. Runwal Greens in Mulund West offers an array of premium facilities such as cafeteria, aerobics room, conference room, amphitheatre, clubhouse, crèche and vast open spaces. Sporting facilities include badminton & tennis courts, squash court and basketball court. Runwal Greens also enjoys proximity to Navi Mumbai and Eastern Express Highway via Mulund Airoli bridge. Most of the basic social infrastructural facilities are easily accessible from this project.


About Runwal Greens


Runwal Greens is conveniently situated in the Mulund West, Mumbai and is a project that is well planned. The prices for this diligently designed Runwal Greens project are offered in the Rs. 1. 70 Cr - 5. 0 Cr range. It covers an area of 20 Acre that is well-maintained. The project features a total of 1420 units that are well-ventilated.


Runwal Greens Address


The exact address for Runwal Greens which is in Mumbai is Runwal Greens, Mulund Goregaon Link Rd, Next to Fortis Hospital, Mulund West, Mumbai, Maharashtra 400080, 400080.


4. Wadhwa Atmosphere


Wadhwa Atmosphere located in Mulund West, Mumbai has amazing luxury flats in mulund west for sale available from Rs. 1.65 Cr - 2.69 Cr Onwards. The Wadhwa Residency Pvt Ltd is offering various amenities including CCTV cameras, sauna, gas/smoke sensor system to protect you from fire, car-wash facility, video door phone to offer advanced security feature, squash court, skating rink, well-featured room for massage and steam, sewage treatment plant, table tennis, carom and chess, high-speed elevators, grand entrance lobby, silent area for music and reading zone, multi-level podium parking, high-speed elevators, open-air amphitheater, golf-simulator facility, corner concerned for senior citizen and a pool. Wadhwa Atmosphere is providing the luxurious and underconstruction 2 bhk flats in mulund west that you should not miss.


About Wadhwa Atmosphere


Wadhwa Atmosphere is conveniently situated in the Mulund West, Mumbai offering resale flats in mulund west and is a project that is well planned. The residential units in Wadhwa Atmosphere are available in the range of Rs. 1. 65 Cr - 2. 69 Cr. Spread over 1 Acre, this project is impressive in its coverage. There are in total 721 units in this project.


Wadhwa Atmosphere Address


Wadhwa Atmosphere is situated in the prime city of Mumbai. The full address is Goregaon Mulund Link Road, B 129 Laxmi Heights, Near Fortis Hospital Opp Registration Office, Mulund West, Mumbai, Maharashtra 400080, 400080.


5. Contendre Heights


Contendre Heights is a 9 storey tower in mulund 2 bhk which offers spacious and modern 1 and 2 BHK homes that are redefining living in the Mulund area. They endeavor to maintain the highest quality in construction standards and provide highly functional abodes to all their Mulund west residents in Contendre Heights.


Our 1 and 2 BHK Flats in Mulund strike a balance between affordability and luxury. Contendre Heights in Mulund boasts of the perfect combination of location, style, and convenience for a special few who seek an evolved lifestyle of 1 and 2 Bhks.


Its surrounded by very famous St Mary school, Sri Ravishankar School, Bhakta Sangam Temple, Jain Temple, St Pius Church, Multi Specialty Wockhardt Hospital, D Mart, Ratna Super Market and many shopping options are near to Contendre Heights., Mulund's Biggest GMK Fitness, Gold gym and many more options are walkable distance from Contendre Heights.


Come & join them, as they invite you to make your dreams come true with one of their many beautiful options, crafted to cater to the highest levels of comfort and style.


About Contendre Heights


Contendre Heights is strategically located at Mulund offering 2bhk mulund west and a seamless connectivity to the prominent areas of Mumbai. This precisely planned Contendre Heights project's prices are available in the range of Rs. 91. 3 Lac - 1. 46 Cr. The project is spread over a wide area of 635 Sq-m. This project has a total of 14 units.


Contendre Heights Address


Contendre Heights is situated in the prime city of Mumbai providing 2 bhk apartments for sale in mulund. The full address is Hare Ram CHS Ltd. Plot Bearing CTS No. 551/65 of Village Nahur at Trimurti Road, Mulund (West), 400080.


Thus, If you are looking for ready to move in flats for sale in mulund west, Choose only from the TOP 5 options for the better amenities and environment in Mulund.


Home Loan rates for buying 2 BHK Flat in Mulund

Best Banks For Home Loans For Women In 2022



Which are the banks from which borrowing would make better sense, as far as women home loan borrowers are concerned? We examine.


If their improved financial standing puts women in a better position to become property owners all on their own, several government policies also aid them to reach this goal, early on in their careers. This is primarily done, by offering lower stamp duty and home loan interest rates to women buyers and home loan borrowers. Considering that 2022 may be an ideal time to buy a home with the help of housing finance, given the record low interest rates, women borrowers would find it even more affordable to buy their dream home right now.

This raises the question: Which are the banks from where borrowing would make better sense for women home loan applicants? As the interest rates will always be the single-biggest influencer in driving the decision of a woman borrower, we have listed the banks that offer them the most affordable deals in 2022.

While making the list we have also determined the banks’ efficiency in offering loan affordability to women by factoring in the fringe charges, such as processing fees.

Also note that the rates mentioned in this article are with respect to the floating rate of interest linked with the RBI’s repo rate and not the previous marginal cost of funds-based lending rate (MCLR) regime or the base rate or prime lending rate regimes. Only Citi Bank is an exception, which has linked its home loans to the government’s treasury bills.


Hidden charges in home loans:

  • * Processing fee.
  • * Application fee.
  • * Legal fee.
  • * Conversion fee.
  • * Evaluation fee.
  • * Physical visit fee.
  • * Late payment fee.
  • * Prepayment fee.
  • * Part payment fee.
  • * Cheque bounce fee.
  • * Annual Statement fee.
  • * Document retrieval charges.

Documents to be provided to get a home loan:

  • * Duly filled home loan application.
  • * 3 passport-sized photographs.
  • * Photocopies of any proof of identity, namely, voter’s ID card, passport, or driving licence.
  • * Photo copies of any residence proof, namely, utility bills, passport, driving licence, etc.
  • * Business address proof for non-salaried individuals.
  • * Bank statement of the past six months.
  • * Signature identification.
  • * Personal assets and financial liabilities statement.
  • * Details of other running loans.

Factors That Affect Home Loan EMI Outgo :

  • * Credit Score.
  • * Tenure Of The Loan.
  • * Property Value / Loan Amount.
  • * RBI Policy Rates.

Union Bank of India

From October 27, 2021, Mumbai-headquartered Union Bank of India is offering the cheapest home loans in India after it cut its interest rates to 6.40%. The move by the public lender put rage an ongoing price war among banks in the country that are trying to woo customers with best interest rates.


Union Bank home loan interest rate

Rate of interest on home loans Best rate* Highest rate**
For salaried women 6.40% 7.0%
For self-employed women 6.45% 6.80%

*Effective from October 27, 2021.

Longest tenure: 30 years.

Processing fees: 0.50% of loan amount, subject to a maximum of Rs 15,000, plus GST.


Bank of Baroda (BoB)

While the slow processing of the application at this public lender might irk you, it is only for your benefit – and obviously for their own – that banks thoroughly scan all the documents carefully. If low interest rates are a driver, this might be a good option for you. If your loan requirement is low, you could get a home loan worth only Rs 2 lakhs at BoB, something not many banks offer.


Bank of Baroda home loan interest rate

Rate of interest on home loans Best rate* Highest rate**
For salaried women 7.40% NA
For self-employed women 8.10% NA

*Effective from June 9, 2022.

Maximum tenure: 30 years.

Processing fees: None currently; 0.50% of the loan amount generally, with the minimum amount capped at Rs 8,500 and the maximum at Rs 15,000.


Kotak Mahindra Bank

Apart from getting a personal relationship manager to deal with your home loan queries, you would also enjoy a high level of ease of doing business with this private lender.


Kotak Mahindra Bank home loan interest rate

Rate of interest on home loans Best rate* Highest rate**
For salaried women 7.50% NA
For self-employed women 7.55% NA

*Effective from June 10, 2022.

Maximum tenure: 30 years.

Processing fees: None currently; from 0.25 to 0.50% of the loan amount, in general.


State Bank of India (SBI)

Irrespective of the rate at which the public lender offers the general public a home loan at any given time, it offers a lower rate by 5 basis points, to women borrowers. This means that if SBI is currently offering home loans at 7% per annum, a woman borrower will be given this loan at 6.95%. Note that a 100 basis points make up for one percentage point.


SBI home loan interest rate

Rate of interest on home loans Best rate* Highest rate**
For salaried women 7.55% 8.05%
For self-employed women 7.55% 9.70%

*Effective from June 15, 2022.

Maximum tenure: 30 years.

Processing fees: 0.40% of the loan amount, subject to a minimum of Rs 10,000 and a maximum of Rs 30,000 with GST. For projects where the bank has a tie-up with the builder, the rate will be 0.40% subject to a maximum of Rs 10,000 plus taxes. However, to cash-in on the festive spirit, the public lender is offering home loans without any processing fee under its Monsoon Dhamaka offer. The waiver of SBI home loan processing fee is valid between August 1 and August 31, 2021.


ICICI Bank

Apart from getting a lower rate of interest from this private lender, a female borrower will also enjoy ease of doing business at ICICI Bank.


ICICI Bank home loan interest rate

Rate of interest on home loans Best rate* Highest rate**
For salaried women 8.60% NA
For self-employed women 8.65% NA

*Effective from June 8, 2022.

Maximum tenure: 30 years.

Processing fees: 0.50% of the home loan amount, starting from Rs 1,100.


HDFC

Similar to SBI, HDFC also offers women borrowers a 5-basis-point discount on home loans. However, it does not currently offer any waiver on the processing fee.


HDFC home loan interest rate

Rate of interest on home loans Best rate* Highest rate**
For salaried women 7.90% NA
For self-employed women 7.90% NA

*Effective from June 2022.

Maximum tenure: 30 years.

Processing fees: Up to 0.50% of the loan amount or Rs 3,000, whichever is higher.


Punjab National Bank (PNB)

This is another public lender that has significantly reduced its home loan interest rates for borrowers. If you have already retired, you could still get a loan from PNB, as it offers loans to individuals of up to 70 years of age.


Punjab National Bank home loan interest rate

Rate of interest on home loans Best rate* Highest rate**
For salaried women 7.40% NA
For self-employed women 7.45% NA

*Effective from June 9, 2022.

Maximum tenure: 30 years.

Processing fees: None at present. Typically, it is 0.35% of the loan amount with the lower and upper limit capped at Rs 2,500 and Rs 15,000, respectively.


Axis Bank

If you are looking only for a small sum to make the purchase, eying tax benefits, this is the bank for you, as it offers loans starting at Rs 3 lakhs. Those who already have a good credit history can reap other benefits, as the bank will look favourably at customers with good repayment records and high credit scores and may offer faster approval and disbursal or flexible repayment schedules or lower processing charges. In some cases, the bank may offer a lower interest rate, too.


Axis Bank home loan interest rate

Rate of interest on home loans Best rate* Highest rate**
For salaried women 6.90% 8.40%
For self-employed women 7.00% 8.55%

*Effective from June 9, 2022.

Maximum tenure: 30 years.

Processing fees: Up to 1% of the loan amount, subject to a minimum of Rs 10,000. An upfront processing fee of Rs 5,000 plus GST, at the time of application login.


Citi Bank

Women looking for big-ticket loans to secure a luxury unit, will find this bank willing to lend to their requirement, with Citi Bank offering up to Rs 10 crores as home loan. Unlike most banks which now offer home loans linked with the RBI’s repo rate, Citi Bank’s home loan is linked with the treasury bill benchmark-linked lending rate (TBLR).


Citi Bank home loan interest rate

Rate of interest on home loans Best rate* Highest rate**
For salaried women 6.75% NA

Maximum tenure: 25 years.



Source:www.housing.com